NOT LISTED FOR SALE

Estimated Value: $1,028,175 - $1,523,000

2 Beds
2 Baths
1,133 Sq Ft
$857/mo HOA Fee

Last Sold July 25, 2018

Last sale price $1,162,500 $1,026 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,091/month

80 Days on Market

Highlights

  • City View
  • 2-minute walk to Long Island City-Court Square
  • Pre War Building
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • 76,785 Sq Ft lot
  • 1-minute walk to Court Square Park

About This Home

As of July 2018

Unit 429 is a rarely available corner one bedroom plus home office apartment at the Arris Lofts in Long Island City with oversized casement windows and towering 14 foot ceilings. This dramatic 1,133sq ft home gets brilliant direct sunlight thru-out. The corner living room gets South and East light. This massive one bedroom plus home office, two bath home features an open kitchen with top of the line appliances, hardwood floors, a full size washer/dryer, central air conditioning and amazing closet space.

Arris Lofts is known as one of the premier and most luxurious buildings in Long Island City. Conveniently located near the E/M/G and 7 subway lines, a short distance to MOMA PS1 and the Noguchi Museum.

Arris Lofts is a full service condo with a 24 hour doorman and concierge, amenities include a gym with 53 foot lap pool, catering kitchen, landscaped courtyard, roof deck, children's playroom, bicycle room, onsite parking and more. The neighborhood boasts fine restaurants, coffee bars, wine bars, and shopping.

Last Agent to Sell the Property

Paula Allen

Sothebys International Realty License #30AL0762489 Listed on: 02/09/2018

Sothebys International Realty

Co-Listed By

Cyrus Greenspon

Sothebys International Realty License #30GR0882691

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1928

Lot Details

  • 1.76

HOA Fees

  • $857 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 1,133 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Community Details

  • 237 Units
  • Hunters Point Subdivision
  • 8-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,593

Year Built

Built in 1928

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Hunters Point
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1133.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 857.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 76785.0
  • Lot Size Dimensions: 535.0 x 398.0

Building Info

  • New Construction: No
  • Units: 237
  • Total Stories: 8
  • Year Built: 1928

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jul 25, 2018
Sold by
Ayres Jennifer D and Garcia Daniel C
Bought by
Rubin Daniel B and Rubin Judith G
Seller's Agent
Paula Allen
Sothebys International Realty
List Price
$1,299,000
Sold Price
$1,162,500
Premium/Discount to List
-$136,500
-10.51%
Current Estimated Value
$1,254,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,294
Avg. Annual Appreciation
1.34%
Original Mortgage
$503,294
Outstanding Balance
$437,998
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$840,290

Purchase Details

Closed on
Mar 12, 2013
Sold by
Granite Ridge Llc
Bought by
Ayres Jennifer D and Garcia Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.56%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Tag Court Square Llc
Bought by
Granite Ridge Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rubin Daniel B $1,162,500 --
Ayres Jennifer D $780,000 --
Ayres Jennifer D $780,000 --
Granite Ridge Llc $625,000 --
Granite Ridge Llc $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Daniel B $8,714
Open Rubin Daniel B $503,294
Previous Owner Ayres Jennifer D $605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $1,162,500 -10.5% $1,026 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $1,299,000 -- $1,147 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,593 $54,147 $2,919 $51,228
2024 $4,584 $52,736 $2,919 $49,817
2023 $6,423 $51,373 $2,919 $48,454
2022 $4,065 $54,082 $2,919 $51,163
2021 $2,655 $46,480 $2,919 $43,561
2020 $1,794 $51,482 $2,919 $48,563
2019 $446 $49,560 $2,919 $46,641
2018 $5,278 $41,847 $2,918 $38,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10531710

Real Estate Board of New York (REBNY)

APN: 00082-1134